Scholarships, Grants, and Loan Trends at Ross Medical Education Center-Canton

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 128, which is 62.89 % of all undergraduate students. 119 students which is 58.11% of undergraduate students received federal student loans and the average loan amount is $7,274.
For full-time, first-time beginning students (freshmen), 65.22% of students received grants or scholarships and 66% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Ross Medical Education Center-Canton since 2013.
For that period, the average number of students who received grants aid/scholarships is 128, which is 62.89 % of all undergraduate students. 119 students which is 58.11% of undergraduate students received federal student loans and the average loan amount is $7,274.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14143 (59%)$3,800140 (58%)$3,686117 (48%)$7,928
2014-15140 (56%)$4,041133 (53%)$3,816136 (54%)$7,393
2015-16125 (56%)$4,312120 (54%)$3,884129 (58%)$7,476
2016-17123 (60%)$4,131121 (59%)$3,855118 (57%)$7,026
2017-18117 (59%)$4,700116 (58%)$4,340125 (63%)$7,142
2018-19112 (58%)$4,212111 (58%)$4,020127 (66%)$7,044
2019-20131 (59%)$5,718118 (53%)$4,604111 (50%)$7,642
2020-21136 (65%)$4,950112 (54%)$5,077105 (50%)$7,231
2021-22129 (94%)$5,77192 (67%)$5,413106 (77%)$6,581
Average128 (62.89%)$4,626118 (57.11%)$4,299119 (58.11%)$7,274

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 44 (65.22 % of students) received grants or scholarships and its average amount is $4,763. It can cover 32.83% of tuition & fees ($14,507).
In addition, 44 (66.33 % of students) students get helped from the students loans (average amount : $9,906).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1442 (56%)$3,58731 (41%)$9,477
2014-1549 (60%)$4,10756 (68%)$9,055
2015-1644 (55%)$4,36947 (59%)$10,309
2016-1728 (50%)$4,22129 (52%)$9,952
2017-1828 (60%)$4,96433 (70%)$8,557
2018-1938 (64%)$4,29948 (81%)$10,000
2019-2056 (71%)$5,38051 (65%)$10,946
2020-2157 (75%)$5,77756 (74%)$10,379
2021-2252 (96%)$6,16647 (87%)$10,483
Average44 (65.22%)$4,76344 (66.33%)$9,906
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 40 (59.89 % of students) received Pell (federal) grants and its average amount is $4,429.
In addition, 2 students received State/local government grants/scholarships (2.67 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1442 (56%)$3,559----2 (3%)$592
2014-1547 (57%)$3,916----31 (38%)$555
2015-1642 (53%)$4,118----27 (34%)$713
2016-1727 (48%)$4,063----17 (30%)$500
2017-1827 (57%)$4,836----19 (40%)$443
2018-1937 (63%)$4,113--1 (2%)$5,25022 (37%)$269
2019-2049 (62%)$4,57021 (27%)$2,3203 (4%)$6,43522 (28%)$426
2020-2154 (71%)$5,38126 (34%)$1,354--16 (21%)$220
2021-2239 (72%)$5,30246 (85%)$2,2571 (2%)$9,4955 (9%)$108
Average40 (59.89%)$4,42931 (48.67%)$1,9772 (2.67%)$7,06018 (26.67%)$425
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 44 (66.33 % of students) get any students loan help and its average loan amount is $44.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1431 (41%)$9,47730 (40%)$7,96018 (24%)$3,056
2014-1556 (68%)$9,05554 (66%)$7,69919 (23%)$4,808
2015-1647 (59%)$10,30942 (53%)$7,60030 (38%)$5,510
2016-1729 (52%)$9,95228 (50%)$6,90818 (32%)$5,288
2017-1833 (70%)$8,55732 (68%)$6,71217 (36%)$3,976
2018-1948 (81%)$10,00047 (80%)$7,22925 (42%)$5,609
2019-2051 (65%)$10,94649 (62%)$7,36230 (38%)$6,584
2020-2156 (74%)$10,37951 (67%)$6,97939 (51%)$5,776
2021-2247 (87%)$10,48342 (78%)$6,31133 (61%)$6,898
Average44 (66.33%)$9,90642 (62.67%)$7,19625 (38.33%)$5,278
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